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Stock impact report

Beazer Homes Announces Preliminary Operating Results

Beazer Homes USA, Inc. (BZH) 
Last beazer homes usa, inc. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.beazer.com/investor-overview
Company Research Source: Business Wire
ATLANTA--(BUSINESS WIRE)--Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) (the “Company”) today reported selected preliminary results for the second quarter of fiscal 2020. These results are preliminary and unaudited and are being provided in light of current volatility and the impact of the COVID-19 pandemic.Beazer Homes Fiscal Second Quarter 2020 Highlights and Comparison to Fiscal Second Quarter 2019 (preliminary and unaudited)Net new orders of 1,661 vs. 1,598, up 3.9%Closings of 1,277 vs. 1,134, up 12.6%Ending backlog units of 2,231 vs. 1,989, up 12.2%Beazer Homes March 2020 Highlights and Comparison to March 2019 (preliminary and unaudited)Net new orders of 405 vs. 545, down 25.7%Cancellations as a percentage of gross new orders of 25.1% vs. 15.2%Cancellations as a percentage of homes in beginning backlog of 5.6% vs. 4.8%Closings of 589 vs. 592, down 0.5%Beazer Homes March 31, 2020 Financial Position Highlights (preliminary and unaudited)Total liquidity of $294 million in Show less Read more
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